Brent oil futures for delivery on Tuesday morning in the morning during trading rose to $ 79.14 per barrel , citing trading data.
According to Bloomberg as of 8:49, the price of futures for Brent oil rose by 0.20%.
Ukraine , Ukraingate , 4 , January , 2022 | Economy
At the same time, the price of February futures for WTI oil rose to $ 76.19 per barrel, adding 0.14%.
Details
Oil prices rose on Tuesday as investors backed expectations that oil producers would add to the meeting on Tuesday, a sign that demand for fuel remains stable despite the spread of the coronavirus variant Omicron, writes Reuters.
OPEC +, an association of the Organization of the Petroleum Exporting Countries (OPEC) and its allies, led by Russia, is gradually lifting record oil reductions agreed in 2020 to counter falling pandemic demand.
According to current plans, the group will increase its production plan in February by 400,000 barrels per day, as has been done monthly since mid-2021.
Source: Ukrgate
SEE MORE : In anticipation of the rising demand for fuel, there is a rise in oil prices
